“Infrastructure is solidifying, experimentation is scaling, and new use cases are gaining traction,” proclaimed Chris Kuiper, the Vice President of Research at Fidelity’s crypto arm, in a statement that could have been lifted straight from a Victorian novel. 📜
On the illustrious date of Thursday, June 10, the Cardano Foundation unveiled a report detailing its 2024 expenditures. According to this document, which one might charitably describe as a financial epic, the Foundation spent $15 million on adoption. This sum, it seems, was intended to elevate ADA to the lofty heights of cryptocurrency stardom, with flashy deals like the one with Barcelona FC adding a touch of glamour to the proceedings. 🏆
In a tweet posted by Bitcoin historian Pete Rizzo and accompanied by a video clip, Scaramucci draws parallels to Manhattan’s historic land sale, notably from 1690, implying that Bitcoin remains undervalued despite reaching six figures.
The Binance Coin (BNB) has risen by 1.2% over the last day. Whoop-de-doo! 🎉
The S&P 500 closed Wednesday up 0.6% and opened Thursday holding the “let’s not get carried away” line. It’s clinging to those record highs like me to my college sweatpants. Everyone’s counting on Nvidia (NVDA) to keep the vibe going, because apparently AI chips are hotter than iced coffee in July. NVDA stock, already swimming in positive vibes, led the S&P 500 to nudge up a glamorous 0.06%. Hold onto your monocles, folks.
Bitcoin (BTC), the grand patriarch of the crypto world, has surged to a record high of $112,000, while the crypto market cap has leaped to over $3.5 trillion. It is as if the market, in its infinite wisdom, has decided to ignore the usual trade-related risks, choosing instead to embrace a risk-on sentiment that would make even the most seasoned investor pause and smile. 😄
In a recent post on X (formerly Twitter), the crypto analyst $SHIB KNIGHT, a figure as enigmatic as he is insightful, pointed to a peculiar formation on the FLOKI price chart. According to the analyst, the meme coin is on the cusp of a major move, having formed a Bullish Falling Wedge pattern on its weekly chart. This pattern, a harbinger of good tidings in the world of technical analysis, suggests that the coin has reached its nadir and is now poised for an ascent. 📈
With this latest development, users shall now have the distinct pleasure of trading Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Tron (TRX), XDC Network (XDC), Cardano (ADA), Binance Coin (BNB), Dogecoin (DOGE), and Sui (SUI) directly against the illustrious USD1. Quite the spectacle, wouldn’t you agree? The announcement came via a press release shared with crypto.news, revealing that this new pairing is available as of today, much to the delight of crypto enthusiasts everywhere.
As we speak, Dogwifhat (WIF) is trading at a respectable $0.97, a 13.17% increase in the past 24 hours, no doubt fueled by the overall market rebound and Bitcoin’s new all-time high, that great bellwether of cryptocurrency fortunes! 📈
Suddenly, every crypto-adjacent stock is hotter than an air fryer at a Super Bowl party. If you thought the excitement would stay in early 2020s memes, think again. Here are the crypto stocks bringing the drama today: